HON VVS A/S — Credit Rating and Financial Key Figures

CVR number: 12778392
Østerhåbsvej 83 A, 8700 Horsens
kontakt@honvvs.dk
tel: 75647122
www.honvvs.dk

Credit rating

Company information

Official name
HON VVS A/S
Personnel
8 persons
Established
1989
Company form
Limited company
Industry

About HON VVS A/S

HON VVS A/S (CVR number: 12778392) is a company from HORSENS. The company recorded a gross profit of 3495.9 kDKK in 2023. The operating profit was 123.9 kDKK, while net earnings were 125.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HON VVS A/S's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 135.274 374.023 496.064 382.613 495.87
EBIT912.14992.55469.96967.58123.86
Net earnings711.75780.05380.47764.59125.23
Shareholders equity total1 267.431 337.47937.951 702.54827.77
Balance sheet total (assets)2 239.172 603.531 881.112 705.871 805.74
Net debt-1 245.42- 775.09- 365.30- 598.34- 187.75
Profitability
EBIT-%
ROA38.0 %41.7 %22.1 %43.1 %7.3 %
ROE50.4 %59.9 %33.4 %57.9 %9.9 %
ROI62.7 %69.8 %40.4 %74.7 %12.9 %
Economic value added (EVA)705.40770.17336.86723.0139.30
Solvency
Equity ratio56.6 %51.4 %49.9 %62.9 %45.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.42.21.92.51.8
Current ratio2.42.21.92.51.8
Cash and cash equivalents1 245.42775.09365.30598.34187.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:7.32%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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